European Wax Center, Inc.EWCZ

時価総額

$2億

PER

サロン型ワックス脱毛の米国最大手。Comfort Waxを含む独自ワックスと小売ブランド商品を展開。ジェネラル・アトランティックが主要出資。拠点数は1,067拠点（2025年1月時点）、米国中心に展開。

	2021年 12月25日	2022年 12月31日	2024年 1月6日	2025年 1月4日
Net income	4	14	12	15
Depreciation and amortization	20	20	20	20
Amortization of Debt Issuance Costs	1	4	5	6
Gain on interest rate cap	-	0	-	-
Loss on debt extinguishment	6	-2	-	-
Provision for inventory obsolescence	-	-0	-0	0
Provision for bad debts	1	0	0	1
Gain on sale of centers	-	-	-	0
Loss on disposal of property and equipment	0	-0	-0	-0
Deferred income taxes	-	-54	6	2
Remeasurement of tax receivable agreement liability	-0	-56	1	-5
Equity-based compensation	11	9	11	5
Accounts receivable	-	1	3	-1
Inventory	9	4	-2	-1
Prepaid expenses and other assets	2	-3	-1	-3
Accounts payable and accrued liabilities	9	-6	1	-0
Deferred revenue	1	1	1	-2
Other long-term liabilities	-	-1	-1	-1
Net cash provided by operating activities	41	44	56	57
Purchases of property and equipment	1	0	1	1
Cash received for sale of center	-	-	-	0
Net cash used in investing activities	-8	-0	-1	-0
Payments on line of credit	30	-	-	-
Proceeds on long-term debt	179	384	-	-
Principal payments on long-term debt	241	182	4	4
Deferred loan costs	1	12	-	-
Payments of debt extinguishment costs	2	0	-	-
Distributions to EWC Ventures LLC members	5	9	3	4
Payment of Class A common stock offering costs	-	1	-	-
Repurchase of Class A common stock	-	10	30	40
Taxes on vested restricted stock units paid by withholding shares	-	1	1	1
Dividends to holders of Class A common stock	-	122	-	-
Dividend equivalents to holders of EWC Ventures units	-	83	3	1
Payments pursuant to tax receivable agreement	-	1	6	9
Net cash used in financing activities	-27	-37	-46	-59
Net (decrease) increase in cash, cash equivalents and restricted cash	7	7	8	-3
Cash paid for interest	12	18	22	22
Income Taxes Paid	0	0	1	0
Capital Expenditures Incurred but Not yet Paid	0	0	-	1
Contribution of Property	-	-	-	0
Right-of-use assets obtained in exchange for operating lease liabilities	-	-	0	1